Financial Reporting: Page 34


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    CFO FP&A Close-up: Modern planning and analysis

    In today’s uncertain economy, strategic planning and analysis is more important — and difficult — than ever. CFOs need to set priorities to get the most out of their FP&A teams.

    By Elizabeth Flood • Nov. 14, 2022
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    Bahamas law enforcement investigates bankrupt FTX exchange

    The collapse of the prominent cryptocurrency exchange coincides with SEC efforts to safeguard investors and businesses against abuses in crypto and other digital assets.

    By Gabrielle Saulsbery • Nov. 14, 2022
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    Trendline

    CFO best practices in the evolving generative AI era

    As the initial frenzy around the launch of generative artificial intelligence subsides, a new GenAI era appears to be taking shape.

    By CFO Dive staff
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    Sponsored by Center for Audit Quality

    US public companies seek assurance over ESG disclosures as investor demand grows

    Amid upcoming regulatory action, a new analysis found that the majority of public companies are reporting ESG information and increasingly, seeking assurance.

    Nov. 14, 2022
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    Most CFOs geared up to freeze hiring, survey finds

    As an increasing number of economists forecast a recession, financial leaders are contemplating hiring freezes, even as businesses describe their teams as "understaffed."

    By Nov. 11, 2022
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    CFOs outpace CEOs’ retention bonus frequency

    Companies are handing CFOs a significant share of retention bonuses as the churn of finance chiefs leaving jobs has increased.

    By Nov. 7, 2022
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    CFOs plan to boost ESG spending despite recession risk: survey

    CFOs still aim to spend more on ESG initiatives in 2023 even though they expect economic disruptions to persist until mid-year.

    By Nov. 3, 2022
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    Over half of workers plan to jump ship if they don’t get raises: survey

    The November Human Workplace Index found that 51.1% of employees would look for other opportunities if their company announced a spending freeze in compensation.

    By Elizabeth Flood • Nov. 2, 2022
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    Earnings roundup: Chip shortages, supply chain challenges worry auto CFOs

    Supply chain challenges, material shortages and rising costs are leading automakers to reduce sales expectations following lukewarm quarterly results.

    By Nov. 1, 2022
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    Dentsply probe finds former CFO violated ethics code

    Dentsply’s internal North America probe didn't find evidence of intentional wrongdoing or fraud but did find some former senior managers violated the company’s code of ethics.

    By Nov. 1, 2022
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    Musk buys Twitter, swiftly fires CEO, CFO

    By Friday morning, Ned Segal's Twitter account bio was updated, describing him as the "former CFO and [a] current fan of @Twitter.”

    By Oct. 27, 2022
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    McDonald’s serves up 10% U.S. price hike, CFO says

    McDonald’s price increases come as businesses across industries are fine-tuning strategies for offsetting inflation without alienating customers.

    By Oct. 27, 2022
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    Meta CFO backs AI spending as Metaverse bleeds $3.7 billion

    Despite investor skepticism, Meta is pushing forward with spending on artificial intelligence and its Metaverse project.

    By Oct. 27, 2022
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    SEC adopts bonus clawback rules

    The new clawback rules come amid a broader push by the SEC for more transparency and disclosures in financial reports.

    By Oct. 26, 2022
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    Keurig Dr. Pepper taps new CFO

    Sudhanshu Priyadarshi was appointed CFO after his predecessor moved up to the CEO post.

    By Elizabeth Flood • Oct. 26, 2022
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    Judge denies Rialto bid to dismiss Icahn mall suit

    The suit comes as CFOs are likely to face more disputes around appraisals as the slowing economy impacts real estate valuations.

    By Oct. 25, 2022
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    SEC busts cannabis company on fraud charges

    Cronos, a Canadian producer of marijuana-based products, settled with regulators over charges of faulty accounting and lax controls.

    By Oct. 25, 2022
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    Companies brace for downturn amid high inflation: Fed

    Persistent cost pressures and supply chain bottlenecks are intensifying recession fears at U.S. companies, the Federal Reserve said.

    By Oct. 20, 2022
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    Baker Hughes appoints CFO, warns on inflation

    The Houston-based oil services giant snapped up Nancy Buese from Newmont Mining, naming her as their new chief financial officer. 

    By Elizabeth Flood • Oct. 20, 2022
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    Opinion

    Tackling the build versus buy forecasting dilemma

    The rise in economic volatility is increasing the need for better decisions when it comes to acquiring and interpreting forecasting data.

    By John Frechette • Oct. 20, 2022
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    3 ways CFOs can utilize ERP as recession hedge

    Strong enterprise resource planning (ERP) systems can help businesses prepare to survive an impending and potentially inevitable recession.

    By Elizabeth Flood • Oct. 19, 2022
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    PCAOB hits audit partner with record $150K penalty

    The fine is the largest civil penalty levied against an individual by the federal audit watchdog since it was established in 2002.

    By Oct. 19, 2022
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    Businesses seek 15% minimum tax guidance for financials

    Absent IRS direction, certain companies may struggle to accurately report the new tax’s financial impact in their future financial reports.

    By Oct. 18, 2022
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    Supply chain partnerships key for the modern CFO

    Between advancing ESG reporting requirements and the modernizing CFO seat, developing strong supply chain partners is key for CFOs to find and utilize the right data.

    By Elizabeth Flood • Oct. 18, 2022
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    Deep Dive

    7 CFO tips to prepare for SEC climate risk rule

    CFOs should not delay putting in place the staff, technology and processes needed to comply with an imminent SEC rule requiring detailed disclosure on climate risk.

    By Oct. 18, 2022
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    FASB fair-value play poised to clear crypto barrier

    If adopted, the standard would eliminate a deterrent that keeps some companies from getting involved with crypto, according to a Crowe LLP partner.

    By Oct. 17, 2022